Samsung is investing Rs 4,825 crore
According to the UP government, Samsung, Cantt RO and Covestro IP Company have given approval to start the company in Noida. The work of making factories has also started. Out of which the work of Samsung company is almost complete. Samsung company is going to invest Rs 4825 crore here. On the other hand, Covstro IP Company will invest Rs 800 and Cant RO Systems will invest Rs 300 crore. Covstro IP Company manufactures plastic products.
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Units of companies are also being set up here in UP
If the experts are to be believed, the big industrialists of the country and abroad in UP are investing in infrastructure, food processing, textile, electronic manufacturing, real estate, power and manufacturing sectors. Manufacturing sector has become the most preferred sector for them. 98 investment proposals worth Rs 13408 crore have been received in this sector during three and a half years.
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In this episode, UltraTech Company was setting up a cement factory in Prayagraj by investing Rs 600 crore.
>> Sparsh Industries Private Limited has invested 600 crores in Kanpur.
>> Rimjhim Ispat has invested 550 crores in Kanpur Dehat.
>> DCM Shriram is setting up a sugar mill in Hardoi by investing Rs 361 crore.
>> MM Forgings Private Limited has invested 150 crores in Barabanki.
>> Password Papers has invested Rs 351 crore in Meerut.
>> Silverstone has invested Rs 180 crore in setting up a paper mill in Muzaffarnagar.
>> Kanodia Group is investing Rs 1200 crore in Amethi.
>> JK Cement Limited is investing Rs 650 crore in a cement factory in Aligarh.